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Tuesday, May 7, 2024

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COVID 19 impact on third world countries’ economies

Letter to EditorCOVID 19 impact on third world countries' economies

Everyone is facing a decline in their living style and economic style due to Covid-19 but the third world countries are affected more because of their underdeveloped economy; most of them face malnutrition, which is causing incomputable deaths. Poor nations are at greater risk of contracting the virus and may suffer the devastating effects of economic shock. They have little power to meet people’s pressing needs, from identifying and managing cases of the virus to supporting low-income communities and businesses.

 Most people living in the third world countries are employed in the unregistered sector and do not receive subsidies, sickness or other benefits. The health facilities of the third world countries like Pakistan won’t be able to cope because of the lack of capabilities and resources. The effect of economic slowdown is scary as the countries might end up having more poverty and hunger. The International support has been declining at a time when it was most needed. The rich countries seem to be busy with its health and economic problems.

 The world community must think of some sort of a debt write-off for such countries that are very vulnerable so they could cope with it and prevent more outbreaks in future.

Maryam Khan, Islamabad

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